The SEC retained CRA to examine allegations that some open-ended mutual funds had allowed preferred customers to engage in market timing activity that was against the rules of the funds and damaging to other individuals in the funds. CRA also assessed the monetary impact of the market timing activity on the non-preferred customers.
US Attorney’s Office: Corporate Voluntary Self-Disclosure Policy
The US Attorney’s Office (USAO) Corporate Voluntary Self-Disclosure (VSD) Policy1 provides formal guidelines by which the government will determine what...